Teekay Tankers Dividend
Dividend criteria checks 3/6
Teekay Tankers is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
7%
Payout ratio
Industry average yield | 16.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$15.05 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TNK N's dividend payments have been volatile in the past 10 years.
Growing Dividend: TNK N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Teekay Tankers Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TNK N) | 1.8% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.5% |
Industry Average (Oil and Gas) | 16.0% |
Analyst forecast in 3 Years (TNK N) | 2.4% |
Notable Dividend: TNK N's dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.2%).
High Dividend: TNK N's dividend (1.79%) is low compared to the top 25% of dividend payers in the MX market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.7%), TNK N's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.5%), TNK N's dividend payments are thoroughly covered by cash flows.